The Malaysian government has allocated MYR 230bn for development under the 10th Malaysia Plan (2011-15), and with infrastructure projects across the country in full swing, Consumption is rising, and producers are accordingly increasing capacity utilization rates, an accelerating trend in 2014 so far, and one we see continuing through 2015 This trend has not gone unnoticed by regional exporters.
KG Consumption Per Capita in Malaysia
KG Consumption Per Capita in Malaysia: Source EMD, CEIC
The ratio of imports as a percentage of total consumption rose from 1% in 2008 to 20% in 2013. with the lion’s share coming from China. The challenge to domestic producers from low cost imports is exacerbated by rising input costs domestically, chiefly energy. Margin pressures loom as producers struggle to balance the need to be competitive with a higher cost of goods sold. Read more in EMD’s comprehensive Cement Industry Report
A New Source for Africa Data we Recommend
IntelliNews and EMD analysts spend a lot of time monitoring African economies as we produce our daily updates and weekly overviews. Data is often difficult to come by, so we are always interested in sources and services covering the region. We recently became aware of EDI’s AfricaData.com database.
While we are not generally in the business of giving plugs for other businesses, we felt it would be a service to our readers with interests in Africa to be alerted to this new entrant into a field that has few credible players in it. We’ve kicked the tires some, and so far have been impressed with the range and accuracy.
Find out more at www.africadata.com